Westminster

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							Massachusetts Department of Revenue, Division of Local Services                        Page 1

                         At A Glance Report for Westminster

                                          Socioeconomic

    County                                                Worcester
    School Structure
    Form of Government                                    Town Coordinator
                                                          Selectmen
                                                          Open Town Meeting
    2008 Population                                                                       7,391
    2010 Labor Force                                                                      3,894
    2010 Unemployment Rate                                                                 11.1
    1999 Per Capita Income                                                               24,913
    2008 Population Per Square Mile                                                      208.14
    2007 Housing Units Per Square Mile                                                    75.87
    2009 Road Miles                                                                      109.32
    EQV Per Capita (2008 EQV/2008 Population)                                           148,511
    Number of Registered Vehicles (January 2008)                                          8,577
    Average Age of Vehicles (January 2008)                                                 9.72
    2008 Number of Registered Voters                                                      5,467


                                            Certification

                         Most Recent                              2010
                         Next Scheduled                           2013


                                           Bond Ratings

         Moody’s Bond Rating as of December 2009*                            A2
         S & P Bond Rating as of December 2009*                              AA


               *Blank indicates the community has not been rated by the bond agency.


                       Fiscal Year 2010 Estimated Cherry Sheet Aid

                         Education Aid                                         0
                         General Government                              778,984
                         Total Receipts                                  778,984
                         Total Assessments                                60,757
                         Net State Aid                                   718,227



Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services                          Page 2

                         At A Glance Report for Westminster

                              Fiscal Year 2010 Tax Classification

          Tax Classification      Assessed Values          Tax Levy            Tax Rate
          Residential                  756,779,493          10,912,760                14.42
          Open Space                             0                   0                  0.00
          Commercial                    60,770,907             876,316                14.42
          Industrial                    63,858,200             920,835                14.42
          Personal Property             43,184,052             622,714                14.42
          Total                        924,592,652          13,332,625


                           Fiscal Year 2010 Revenues by Source

                                                                    Percent
                          Revenue Source                            of Total
                          Tax Levy                     13,332,626      64.86
                          State Aid                       778,984       3.79
                          Local Receipts                4,501,603      21.90
                          Other Available               1,943,263       9.45
                          Total                        20,556,476


                     Fiscal Year 2010 Proposition 2½ Levy Capacity

                     New Growth                               151,787
                     Override                                       0
                     Debt Exclusion                         1,529,775
                     Levy Limit                            14,324,083
                     Excess Capacity                          991,458
                     Ceiling                               23,114,816
                     Override Capacity                     10,320,508


                                     Other Available Funds

                   7/1/2009             FY2009                  FY2010
                  Free Cash        Stabilization Fund       Overlay Reserve
                      1,078,922                988,739                400,528




Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services                                          Page 3

                              At A Glance Report for Westminster

                       Fiscal Year 2010 Average Single Family Tax Bill**

                        Number of Single Family Parcels                                   2,554
                        Assessed Value of Single Family                                 257,901
                        Average Single Family Tax Bill                                    3,719

                                 State Average Single Family Tax Bill

                               Fiscal Year 2007                                    3,962
                               Fiscal Year 2008                                    4,110
                               Fiscal Year 2009                                    4,250

                              Westminster issues property tax bills Quarterly.

**For the communities granting residential exemptions, DLS does not collect enough information to calculate an average
single-family tax bill. In FY09 those communities are Barnstable, Boston, Brookline, Cambridge, Chelsea, Everett,
Malden, Marlborough, Nantucket, Somerville, Somerset, Tisbury, Waltham and Watertown. Therefore, the average
single-family tax bill information in this report will be blank.


           Fiscal Year 2009 Schedule A – Actual Revenues and Expenditures

                        General Fund       Special         Capital        Enterprise       Trust           Total All
                                           Revenue         Projects        Funds          Revenue           Funds
  Revenues                  17,328,579      1,904,831           5,250      1,529,265        110,471         20,878,396
  Expenditures              17,973,426      2,390,531       2,355,635      1,763,924          8,340         24,491,856
   Police                    1,561,117              0               0               0             0          1,561,117
   Fire                      1,002,118              0               0               0             0          1,002,118
   Education                 8,722,583            200               0               0             0          8,722,783
   Public Works              2,260,676        743,404               0      1,533,308              0          4,537,388
   General Fund                                                                                                906,932
   Debt Service                906,932
   Health Ins                  638,581                                                                         638,581
   Pension                     353,443                                                                         353,443
   All Other                 2,527,976      1,646,927       2,355,635        230,616           8,340         6,769,494

This data only represents the revenues and expenditures occurring in these funds and does not reflect any transfers to or
from other funds. Therefore, this data should not be used to calculate an ending fund balance.

                           Total Revenues and Expenditures Per Capita

                        General Fund       Special         Capital        Enterprise       Trust           Total All
                                           Revenue         Projects        Funds          Revenue           Funds
  Revenues                     2,344.6         257.7               0.7         206.9           14.9            2,824.8
  Expenditures                 2,431.8         323.4            318.7          238.7             1.1           3,313.7

If you have questions regarding the data contained in this report, please contact the Municipal
Databank/Local Aid Section at (617) 626-2384 or databank@dor.state.ma.us.

Last Page Update 06/10/2010

						
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